7 Folger Ave
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by J. Barrett & Company | $749,900 | |
| Listed by J. Barrett & Company | |||
| | |||
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Welcome to beautiful Ryal Side! Your updated colonial home is conveniently located near Rt. 128, the MBTA and gorgeous downtown Beverly, MA! Perched above the street, you’ll love your bright, sun-filled, open first floor! From your adorable 3 season porch, you are welcomed into a lovely dining room with elegant crown molding and built-in storage. Your open-concept kitchen boasts granite counter-tops, stainless-steel appliances and an elegantly designed back-splash. Your spacious living room opens up to a large 9’x37’ balcony for additional seasonal living and entertaining. Two full bathrooms offer convenience. Your primary bedroom offers two walk-in closets, a balcony and plenty of space to move! Your two additional bedrooms give this home amazing versatility for however you want to use it! Enjoy the additional shelving in your open hobby zone on the 2nd floor. Make an appointment today!
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| Oct 19, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by J. Barrett & Company | $550,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017